Groww, India’s largest retail brokerage firm, is set to test the country’s public markets with a multi-billion-dollar IPO. The listing comes comes just over a year after the company restructured its corporate headquarters from Delaware back to India — a move that could make it the first Indian startup to list at home following a […]
Investors took a cautious approach to transit software startup Via’s IPO on Friday, with shares opening below the company’s IPO price before recovering at end the day slightly higher. The company, which initially filed confidentially for IPO in July, priced its IPO at $46 per share, raising $492.9 million. Those shares slipped to $44 when
Via shrugs off tepid open to end first day of trading slightly above IPO price Read More »
Cloud provider Lambda might be following rival CoreWeave to the public markets. Lambda, an AI infrastructure company offering on-demand GPUs, has hired bankers for an upcoming IPO, according to reporting from The Information. Lambda has reportedly hired Morgan Stanley, J.P. Morgan, and Citi for a public listing that could happen as early as the first
Cloud provider Lambda may be gearing up for an IPO Read More »
Swedish buy-now, pay-later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion. The company and some of its shareholders are together selling approximately 34.3 million shares between $35 and $37 each,
Klarna revives IPO plans, aims to raise $1.27B Read More »
Figure Technology, a seven-year-old blockchain-based lending company, has filed for an IPO of its Class A common stock on Nasdaq, with Goldman Sachs, Jefferies, and BofA Securities serving as its lead bookrunners. The number of shares on offer and price range have not yet been determined. Figure says in its IPO paperwork that its revenue
Figure’s IPO filing marks Mike Cagney’s return to public markets Read More »
Klarna might look to IPO as early as September, sources told Bloomberg. The news comes as fintech stock prices surge and the US IPO market strengthens. Klarna filed for IPO back in March but paused such plans only a month later after President Trump’s tariff announcements rattled the market. At the time, Klarna was looking
Klarna might reschedule its IPO for September Read More »
Ambiq Micro, a 15-year-old manufacturer of energy-efficient chips for wearable and medical devices, closed its first day of trading on Wednesday at $38.53 a share, a 61% increase from the $24 IPO price the company set the previous day. The success of the IPO signals strong investor demand in the public market for new small-cap
Kleiner Perkins-backed Ambiq pops on IPO debut Read More »
Via, the transit software startup that garnered attention for its consumer-facing on-demand shuttle service, said it has filed confidentially for an initial public offering. Via has been batting around plans for an IPO for years. The company filed confidentially for an IPO in 2021, but never took the next official and regulatory steps to enter
Transit software startup Via confidentially files for an IPO Read More »
Cloudflare wants AI companies to pay up. The cloud infrastructure provider, which powers around 20% of the web, is launching a new experiment that would let publishers charge AI firms every time their bots scrape a site. It’s called Pay per Crawl, and it could reshape how content is accessed and monetized online. Today on
Why Cloudflare wants AI companies to pay for content Read More »
Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor, General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told
Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028 Read More »
